Filed June 29, 2022 (most recent of 2 filings on file)
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $73,993 | $92,985-20.4% | $153,432-51.8% | $80,874-8.5% |
| Participation rate | 81.9% | 69.0%+13.0pp | 77.1%+4.8pp | 67.6%+14.3pp |
| Annual return | 12.24% | 19.95%-7.7pp | 15.66%-3.4pp | 35.62%-23.4pp |
| Employer contribution / active EE | $2,040 | $3,507-41.8% | $5,038-59.5% | $2,756-26.0% |
| Participant deferral / active EE | $2,995 | $5,178-42.2% | $6,757-55.7% | $4,297-30.3% |
| Admin fee / account holder | $4,075 | $8,880-54.1% | $12,725-68.0% | $6,935-41.2% |